NOT LISTED FOR SALE

530 Park Ln Albemarle, NC 28001

Estimated Value: $497,000 - $588,000

4 Beds
3 Baths
3,306 Sq Ft
$164/Sq Ft Est. Value

Last Sold March 30, 2023

Last sale price $490,000 $148 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,330/month

45 Days on Market

Highlights

  • Colonial Architecture
  • Fireplace
  • Laundry Room
  • No HOA
  • Front Porch
  • Entrance Foyer

About This Home

As of March 2023

Wow! This gorgeous home has style, character, functionality and beauty. This elegant property sits up on a small hill on a very beautiful street in the heart of Forest Hills. This home has four bedrooms, an owners suite that will not disappoint with fireplace, and three full bathrooms. The original character of this house has been preserved. As you go through this your eyes will be drawn to the moldings, lighting and the large windows throughout the entire home. The property has a large front living room just of the large foyer that show cases the amazing staircase. As you move to the back of the home you will be greeted by an end to end open space with the den, dinning room and kitchen. The details in this home will have your eyes looking everywhere. The home also has a half basement with high ceilings and plenty of space to have a hangout space, craft room, a small work shop and don't forget about the cool little greenhouse. This is a must see.

Last Agent to Sell the Property

Michael Fullerton

Lantern Realty & Development License #290662 Listed on: 01/04/2023

Last Buyer's Agent

Jessy Greene

Four Seasons Realty Albemarle License #331676

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,566

Year Built

  • Built in 1955

Lot Details

  • 0.45 Acre Lot
  • Lot Dimensions are 110x200
  • Sloped Lot
  • Property is zoned R-10

Home Design

  • Colonial Architecture
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 2-Story Property
  • Fireplace
  • Entrance Foyer
  • Basement
  • Crawl Space
  • Dishwasher
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Full Bathrooms

Parking

  • Detached Carport Space
  • Driveway

Outdoor Features

  • Front Porch

Schools

  • Central Albemarle Elementary School
  • Albemarle Middle School
  • Albemarle High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Forest Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6548-02-57-6413

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,566

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Colonial
  • Year Built: 1955
  • Road Surface Type: Concrete
  • Unit Levels: Two
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 148.22
  • Special Features: None

Interior Features

  • Foundation Details: Basement, Crawl Space
  • Fireplace: Yes
  • Interior Amenities: Entrance Foyer
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1706
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 1095
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 1095
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 1600
  • Appliances: Dishwasher, Gas Water Heater
  • Above Grade Finished Sq Ft: 3306
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Living Area: 3306
  • Bedroom Main: 3
  • Room Count: 12
  • Bedroom Basement: 0

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Exclusions: Kids Play house in the back Yard, Refrigerator, washer and Dryer, bed swing on upper porch
  • Construction Type: Brick Full
  • Patio And Porch Features: Front Porch, Rear Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Spaces: 2
  • Carport Y N: Yes
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Carport, Driveway

Utilities

  • Heating: Electric, Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: In Basement
  • Cooling: Central Air
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: Albemarle
  • HOA Subject To: None

Lot Info

  • Lot Features: Sloped
  • Lot Size Area: 0.45
  • Lot Size Units: Acres
  • Parcel Number: 6548-02-57-6413
  • Development Status: Completed
  • Lot Size Acres: 0.45
  • Lot Size: 110x200
  • Lot Size Sq Ft: 19602
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-10

MLS Schools

  • Elementary School: Central Albemarle
  • High School: Albemarle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2023
Closed on
Mar 3, 2023
Sold by
Hudson James Kelly and Hudson Angelia Bowers
Bought by
Sullivan Alexander Tyler and Sullivan Pamela Allen
Seller's Agent
Michael Fullerton
Lantern Realty & Development
Buyer's Agent
Jessy Greene
Four Seasons Realty Albemarle
List Price
$549,900
Sold Price
$490,000
Premium/Discount to List
-$59,900
-10.89%
Views
96
Current Estimated Value
$540,566

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,566
Avg. Annual Appreciation
3.93%
Original Mortgage
$440,000
Outstanding Balance
$423,717
Interest Rate
5.2%
Mortgage Type
New Conventional
Estimated Equity
$116,849

Purchase Details

Closed on
Apr 25, 2014
Sold by
English James Roland and English Anna Dale
Bought by
Hudson James Kelly and Hudson Angelia B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,679
Interest Rate
4.43%
Mortgage Type
VA

Purchase Details

Closed on
Jun 26, 2008
Sold by
Russell James E and Russell Rhea M
Bought by
English James Roland and English Anna Dale

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
5.97%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sullivan Alexander Tyler $490,000 None Listed On Document
Hudson James Kelly $263,000 Oak Hills Land Title Agency
English James Roland $159,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sullivan Alexander Tyler $440,000
Previous Owner Hudson James Kelly $271,679
Previous Owner English James Roland $135,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2023 03/30/23 Sold $490,000 -3.9% $148 / Sq Ft
02/13/2023 02/13/23 Price Changed $510,000 -3.8% $154 / Sq Ft
01/15/2023 01/15/23 Price Changed $530,000 -3.6% $160 / Sq Ft
01/04/2023 01/04/23 For Sale $549,900 0.0% $166 / Sq Ft
12/28/2022 12/28/22 Price Changed $549,900 -- $166 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,566 $496,972 $36,630 $460,342
2024 $3,610 $295,938 $25,641 $270,297
2023 $3,610 $295,938 $25,641 $270,297
2022 $3,610 $295,938 $25,641 $270,297
2021 $3,610 $295,938 $25,641 $270,297
2020 $3,412 $263,108 $23,809 $239,299
2019 $3,447 $263,108 $23,809 $239,299
2018 $3,447 $263,108 $23,809 $239,299
2017 $3,315 $263,108 $23,809 $239,299
2016 $2,868 $227,591 $21,978 $205,613
2015 $2,897 $227,591 $21,978 $205,613
2014 $2,733 $227,591 $21,978 $205,613
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3931300

Canopy MLS (Canopy Realtor® Association)

APN: 6548-02-57-6413